Understanding Strategy

Each trade has a Budget and token pair, i.e. Invest Token and Stable Token.

  • Stable Token is the quote token for the user's investment.

  • Invest Token is the base currency that the user wants to invest in.

  • Budget is the total notional value specified for the trade.

Trade Configuration

A strategy consists of creating trades entering three possible configurations: buy, sell and floor.

  • Buy represents when to buy tokens.

  • Sell indicates the target price to secure profits.

  • Floor serves as the level to stop trading, cancel strategy or prevent loss.

Flexibility

Fyda provides users with a robust framework for creating a diverse range of trading strategies. It's intuitive platform enables the creation of advanced strategies that cater to individual preferences. Explore dynamic order execution options, fine-tune entry and exit points, and leverage different order types to optimize your trading experience.

Execution of Strategy

Fyda operates a monitoring bot that triggers transactions. The smart contract executes the token swap between the designated token pair when the market price matches the specified numerical values in the predefined strategy.

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